The Board of Directors of PME Group Limited announced the appointment of Mr. Tao Ke as an executive director of the Company with effect from 6 March 2015. Mr. Tao has extensive experience in corporate finance and oversea merger and acquisition. He had been working in international investment banks and responsible for clients' project management, project acquisition and various initial public offerings.

Mr. Tao is currently a general manager of a chemical production group in Shandong. The board of the company announced that due to job reallocation, Mr. Shi Chong has tendered his resignation as an executive director of the Company with effect from 6 March 2015. Mr. Shi will remain as business development manager of one of the subsidiary of the Company.